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Study: People Don't Think About Money Rationally
Updated May 5, 2013 12:09 AM | Filed under: Network Indiana
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(INDIANAPOLIS) - A new study from Carnegie Mellon University in Pittsburgh says most people don't think about money rationally.

Indiana Financial Expert Pete Dunn says people don't think before they act with their money when emotions, good or bad, are involved. Dunn says we live in an instant gratification society.

Dunn says the best approach is to set short-term financial goals, instead of long-term ones.



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